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BREAKING: Bitcoin Wins Again! Ethereum Loses Yet Another Billion to the Abyss (Again)

A comic-style illustration showing a rocket ship blasting off into space labeled 'Bitcoin' with flames shooting out behind it, while another rocket ship labeled 'Ethereum' is plummeting downwards in the background, surrounded by dark clouds.

The eternal struggle between Ethereum’s dwindling relevance and Bitcoin’s continued dominance. It seems like every week we get a new report about how one of these ‘digital assets’ is thriving while the other is tanking. This time, it’s Coinshares telling us that bitcoin has bounced back after 10 days of outflows totaling $1.18 billion, because apparently investors have finally realized that Ethereum isn’t as exciting as they thought it was.

Source: bitcoin.com

The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows. Coinshares’ analysis highlights a sharp shift in the market, with inflows of $436 million reversing an earlier outflow of $1.2 billion. Butterfill points to this uptick, […]

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